Guideline Value

Corporate

Guideline Value for Anna Nagar 2nd Street

₹1550/sq.ft.

The guideline value for Anna Nagar 2nd Street in Thirunageswaram village (Kunrathur SRO, Chennai zone) is Rs 1550 per sq.ft, effective 1 July 2024. It was Rs 1400 per sq.ft from 1 April 2023, a 11% change. The land classification is Residential Special Type - Ii. Source: TNReginet guideline value register.

Last updated:

Chennai

Zone

Thirunageswaram

Village

Kunrathur

SRO

Residential Special Type - II
History
Period Guideline Value
From 1-7-2024 ₹1550 /sq.ft.
From 1-4-2023 ₹1400 /sq.ft.
From 9-6-2017 To 31-3-2023 ₹938 /sq.ft.
From 1-4-2012 To 8-6-2017 ₹1400 /sq.ft.
From 1-8-2007 To 31-3-2012 N/A
From 1-4-2003 To 31-7-2007 N/A
From 1-4-2002 To 31-3-2003 N/A
Guideline Value Timeline
Guideline Value Comparison

SRO (Sub Registrar Office)

No.59. Road Street, Kundrathur, Chennai -600 069.
044-24780515
[email protected]

DRO (District Registrar Office)

Integrated Building For Offices Of The Commercial Taxes And Registration Department, Fanepet, Nandhanam, Chennai - 35.
044-22505552
[email protected], [email protected]

DIG (Deputy Inspector General)

Integrated Building For Offices Of The Commercial Taxes And Registration, Department Fanepet, Nandanam, Chennai - 600 035.
044-29510527
[email protected]
Records for a plot on Anna Nagar 2nd Street

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Anna Nagar 2nd Street guideline value

The current guideline value of Anna Nagar 2nd Street is Rs 1,550 per sq.ft, effective from 1 July 2024. This street is located in Thirunageswaram village, under the Kunrathur SRO, and is classified as Residential Special Type - II.

How the guideline value of Anna Nagar 2nd Street has changed

The guideline value for Anna Nagar 2nd Street has undergone several revisions over the years. The most recent revision in 2024 set the value at Rs 1,550 per sq.ft, an increase from Rs 1,400 per sq.ft in the 2023 revision, marking an 11% rise. Prior to that, the 2017 revision recorded a guideline value of Rs 938 per sq.ft, which represented a significant 49% increase from the 2017 figure to the 2023 figure. The 2012 revision had set the value at Rs 1,400 per sq.ft, which was a decrease of 33% from the 2012 to 2017 period. Overall, from 2012 to 2024, the guideline value has seen an increase of 11%.

The register has no figures for the years 2002, 2003, and 2007 for this street. The absence of data in these years indicates that the guideline value has not been established for Anna Nagar 2nd Street during those revisions.

Guideline values in Thirunageswaram

In Thirunageswaram, there are 105 streets under the Kunrathur SRO that carry a guideline value for 2024, ranging from Rs 800 to Rs 2,000 per sq.ft. The median value for these streets is Rs 1,550 per sq.ft, which aligns with the guideline value of Anna Nagar 2nd Street.

Stamp duty and registration fee for property in Anna Nagar 2nd Street

For a 1,000 sq.ft plot at the current guideline value of Rs 1,550 per sq.ft, the total guideline value would be Rs 15,50,000. The stamp duty at 7% would amount to Rs 1,08,500, while the registration fee at 2% would be Rs 31,000, bringing the total to Rs 1,39,500. It is important to note that the duty is charged on the higher of the guideline value or the sale price. For further details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Anna Nagar 2nd Street?

The Sub Registrar Office that covers Anna Nagar 2nd Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Thirunageswaram

The guideline value plays a crucial role in the registration process of property transactions in Thirunageswaram. When a property is bought or sold, the guideline value is used to determine the applicable stamp duty and registration fees, ensuring that the transaction is recorded accurately and legally.

Buyers and sellers must be aware that the guideline value is set by the Registration Department and can vary based on the location and classification of the property. It is essential to consult the latest guideline values to understand the financial implications of property transactions in the area.

Frequently asked questions

What is the current guideline value of Anna Nagar 2nd Street?

The current guideline value of Anna Nagar 2nd Street is Rs 1,550 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,400 per sq.ft in 2023 to Rs 1,550 per sq.ft in 2024. It was Rs 938 per sq.ft in 2017 and Rs 1,400 per sq.ft in 2012.

What is the land classification of Anna Nagar 2nd Street?

Anna Nagar 2nd Street is classified as Residential Special Type - II.

Where can I find the registration office for Anna Nagar 2nd Street?

The registration office covering Anna Nagar 2nd Street is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069.

How is the guideline value used in property transactions?

The guideline value is used to calculate the stamp duty and registration fees during property transactions. It ensures that the transaction is recorded accurately in compliance with legal requirements.